Bangladesh-based terror groups acting against India is not new. What is new is a Bangladeshi terror group based in India acting against both India and Bangladesh. Needless to say, robust counterterrorism cooperation between India and Bangladesh is imperative to tackling common enemies like JMB.

The sensational attack in the Dhaka café may have been intended to either cause international opinion to put pressure on the Hasina government to go for early election or incite the Army to take over political power.

Even if the investigations reveal the technical reason behind the breach, issues of jurisdiction, accountability and dearth of international laws governing cyber or money laundering crimes would await another billion dollar breach.

Confrontational politics is not new in Bangladesh. But it seems to have intensified in the last few months, especially after the unofficial main opposition, the Bangladesh Nationalist Party (BNP), decided to launch protests on the first anniversary of the 2014 parliamentary elections in order to force the Sheikh Hasina-led Awami League government to step down. The BNP considers the January 5, 2014 parliamentary elections as illegal and hence the government in power as illegitimate.